Bond yields were little changed Monday after record online Black Friday spending suggested the U.S. consumer is yet to be cowed by the Federal Reserve’s rate hike campaign.What’s happeningWhat’s driving markets The Treasury market returned to its first full day of trading since last Wednesday following the Thanksgiving break with yields holding just above recent two-moth lows. The…
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Bond yields were little changed Monday after record online Black Friday spending suggested the U.S. consumer is yet to be cowed by the Federal Reserve’s rate hike campaign.What’s happeningWhat’s driving markets The Treasury market returned to its first full day of trading since last Wednesday following the Thanksgiving break with yields holding just above recent two-moth lows. The…
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